IXR 0.00% 0.8¢ ionic rare earths limited

Once again poor research. 1) you are talking about a totally...

  1. 1,388 Posts.
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    Once again poor research.

    1) you are talking about a totally different thread, I have not bothered to engage with you on your model because of item 3 below.
    2) Post #: 60510858 was correcting your poor understanding of the release, or your poor math. You had failed to read and understand that a 10% increase in basket price, leads to an additional 30% increase in NPV. So a 50% increase in the basket price leads to an additional 150% increase in NPV i.e. you add on the 150% to the original npv you do not just add on 50% as you suggested. I even posted a picture to help you understand.
    3) Honestly who cares about the y1 eps. It is a staged project, with modules coming on in different years and so does cashflow. Focusing on a yr1 eps demonstrates that you fail to understand the concept of discounted future cashflows.

    GLTAH


 
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